Filing Flows › Transcontinental Realty Investors (TCI) › Q4 2024
Transcontinental Realty Investors (TCI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 20, 2025
Transcontinental Realty Investors (TCI) reported revenue of $11.8M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +2% from the quarter before. Operating margin was -14.3%, net earnings $296K (2.5% of revenue).
Transcontinental Realty Investors, Q4 2024: revenue $11.8M (-12% year over year), operating margin -14.3%, net earnings $296K, operating cash flow −$15.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.8M | +2% | -12% |
| Operating profit | −$1.7M | — | — |
| Net earnings | $296K | — | — |
| Operating cash flow | −$15.7M | — | — |
What changed
Revenue was $11.8M in Q4 2024, down 12% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $1.7M, an operating margin of -14.3%. Total costs fell 13% while revenue fell 12%. The fastest-growing cost line was General & admin (+14%). Net earnings were $108K. The effective tax rate was 27.5%. Non-operating items added $2.1M, 514% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$15.7M. Non-cash charges added back $2.9M of depreciation and amortization. Working capital and other items used $18.9M. Capital expenditures of $27.0M exceeded it, leaving free cash flow of −$42.7M.
Questions
What was Transcontinental Realty Investors' revenue in the fourth quarter 2024?
Transcontinental Realty Investors (TCI) reported revenue of $11.8M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and +2% from the quarter before.
Was Transcontinental Realty Investors profitable in the fourth quarter 2024?
Operating loss was $1.7M (-14.3% of revenue) and net earnings $296K.
Source: Transcontinental Realty Investors 10-K on SEC EDGAR.